Hexa Reports Liquefied Natural Gas (LNG) Market Size, Analysis,

Liquefied Natural Gas (LNG) Market Size, Analysis, Competitive
Landscape, And Segment Forecasts, 2014-2025
“The global liquid natural gas (LNG) market is expected to reach USD 20.6
billion by 2025, growing at a CAGR of 12.7%, according to a new report by
Research, Inc”
The Global Liquid Natural Gas (LNG) Market is expected to reach USD 20.6 billion by 2025, growing at a CAGR
of 12.7%, according to a new report by Research, Inc. Rising focus on development and expanding gas pipeline
infrastructure and growing demand for natural gas from downstream sectors is a crucial driving factor for the
industry.
Decreasing LNG prices along with execution of favorable government rules and regulations, which are
attracting FDIs & tax schemes are also conducive to industry growth. Cumulative emphasis of adequate
support infrastructure in numerous economies is anticipated to enhance product demand in the construction
sector, since the product is used in building equipment.
On the contrary, insufficient channel infrastructure is supplementing demand for small scale projects to source
natural gas for key consumers in remote areas, specifically in the power generation and industrial
manufacturing verticals. Rapid urbanization, industrialization and increasing projects supporting power, gas &
petrochemical distribution are projected to positively provide stimulus to the industry.
Browse Detail Report With TOC @
https://www.hexareports.com/report/liquefied-natural-gas-lng-market
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